Novotel Singapore on Stevens
"Are We Entering a Period of Lower Feedstock Prices and
Higher Oleochemical Margins?" |
The global oleochemicals market is projected to reach USD 28.6 billion by 2025. The global oleochemicals market is forecasted to be driven by the need for environmental friendly alternatives to petrochemicals in various consumer applications such as personal care, detergents, and food & beverages. With on-going China-US trade tensions, what is the impact on the oleochemicals industry?
With overcapacity issues especially in Southeast Asian countries like Indonesia and Malaysia, how soon will the market improve? Is higher margin sustainable in current low feedstock cost environment? Industry players are also looking into technological innovations and significant developments in the downstream sectors to expand growth & opportunities.
To offset slowing global demand for palm oil, Indonesia has been pushing to increase domestic consumption of the commodity, used in products ranging from fuels to soap. Last month, it began to test biodiesel with B30 in cars for a duration of 4 months and plans to start testing trains, ships and heavy machinery in the mining sector using the fuel. APROBI estimated that B30 implementation would increase domestic consumption of biodiesel to as much as 10 million kl.
Malaysia prepares to boost palm-biofuel use in wake of EU limits and plans to double its biofuel program to B20 by 2020, which mandates fuel be blended with 20 per cent palm-biodiesel. What will be the influence of biodiesel in Asia and Europe on palm oil price?
Attend CMT’s 7th Oleochemicals Outlook conference in Singapore on 25-26 September 2019 to gain insights on latest developments & network with who’s who in the oleo value chain.
Key Highlights :
Register with your team at cmtevents.com to enjoy group discount or contact grace@cmtsp.com.sg for more info.
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Be a Sponsor or Exhibitor! |
This event is an excellent platform to promote your organization to influential players and investors in the industry. Sponsorship opportunities available include Corporate, Exclusive luncheon & Cocktail sponsor. |
24 Jul, 2019
03 May, 2019